Statutory Instruments

2015 No. 66

Pensions

The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order 2015

Made

26th January 2015

Laid before Parliament

2nd February 2015

Coming into force in accordance with article 1(2)

^M1 The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by sections 178(1) and (6) and 315(2) and (5) of the Pensions Act 2004 .

In accordance with section 178(5) of that Act, the Secretary of State has reviewed the general level of earnings obtaining in Great Britain during the period of 12 months ending with 31st July 2014. It appears to the Secretary of State that the general level of earnings has increased by 0.6% during that period.

Citation, commencement and interpretation

^F1 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The earnings percentage

^F1 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The levy ceiling

^F1 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Revocation of articles 2 and 3 of the Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2014

^F1 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Signed by authority of the Secretary of State for Work and Pensions.

Steve Webb

Minister of State,

Department for Work and Pensions

in force	Provision is in force
in force*	In force only for specified purposes (see footnote)
not in force	Not in force in England (may be in force in other geographies, see footnotes)
defined term	Defined term
_dfn	Defined term (alternative style)

in force

Provision is in force

in force*

In force only for specified purposes (see footnote)

not in force

Not in force in England (may be in force in other geographies, see footnotes)

defined term

Defined term

_dfn

Defined term (alternative style)

footnote	commentary	transitional and savings	in force status	related provisions	geo extent	insert/omit	source count	in force adj
F1	Instrument revoked (1.4.2016) by The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2016 (S.I. 2016/82) , art. 5
F1	Instrument revoked (1.4.2016) by The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2016 (S.I. 2016/82) , art. 5
F1	Instrument revoked (1.4.2016) by The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2016 (S.I. 2016/82) , art. 5
F1	Instrument revoked (1.4.2016) by The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2016 (S.I. 2016/82) , art. 5
M1	2004 c. 35 . See also S.I. 2014/10 which sets the levy ceiling for the financial year beginning on 1st April 2014.